TURKEY FERROUS SCRAP: Demand, prices rise for auto bundle scrap

Turkish domestic scrap prices have shown mixed dynamics over the past week with auto bundle scrap prices going up while ship scrap prices weakened, sources said on Monday May 14.

A number of steel mills have raised their auto bundle scrap prices because of strengthening demand, with the country’s steel producers being quiet in the deep-sea scrap import markets. Alloy long steel producer Asil Çelik raised its buy price for the material to TRY1,530 ($355) per tonne,...


Cem Turken

May 14, 2018

14:50 GMT